Thursday, September 29, 2011 at 5:34PM Level 3 and Global Crossing Receive Regulatory Approvals
Source: Level 3 Press Release
Level 3 Communications, Inc. (Nasdaq:LVLT) and Global Crossing Limited (Nasdaq:GLBC) announced that the U.S. Department of Justice has cleared Level 3’s previously announced acquisition of Global Crossing. The clearance completes the process under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR), and is effective immediately.
Level 3 also announced that the Federal Communications Commission has issued an order approving the transaction, effective immediately.
Level 3 expects to close the transaction as early as next week.





